#Polymer Concrete Market Share

[marketsndata]

Global Polymer Concrete Market Size, Share and Growth 2031

Global polymer concrete market is projected to witness a CAGR of 7.2% during the forecast period 2024-2031, growing from USD 601.3 million in 2023 to USD 1048.7 million in 2031. The polymer concrete market is experiencing massive growth due to increasing demand for chemical-resistant construction materials that are extensively used for numerous industrial purposes. Polymer concretes are high-quality materials that comprise selective aggregate combinations. Polymer concrete possesses four times higher strength than conventional concrete, where the optimal mixture remarkably bounds with significant bonding strength and provides massive support to structures that are prone to harsh environmental conditions. Corrosion is a frequent problem in sanitary sewer collection systems, which gradually leads to tremendous damage. Polymer concrete effectively eliminates such disastrous corrosion by incorporating resins as the binding agent, which deals with both acidic and basic corrosive environments.

Hydrogen sulfide gas, which is considered a high-level corrosive compound, is subjected to degrade essential pump stations, tank linings, and numerous pipe structures. Polymer concrete offers all-around prevention and strength by providing resistance to such corrosive chemicals and harsh environmental conditions. The binding agent of conventional concrete is Portland cement, while polymer concrete comprises significant polymers such as resins, polyethylene, epoxy, etc. Consequently, the extensive coating solution to protect essential infrastructures is propelling the growth of the polymer concrete market.

For instance, in 2022, the European Investment Bank (EIB) invested a huge amount of USD 2.31 billion in water and wastewater management to improve sanitation for 10.8 million people and provide better access to safe drinking water.

Propelling Oil and Gas Industry Boosting the Implementation of Polymer Concrete Solutions

The large volume of equipment and high processing oil utilities usually operating under different environmental conditions, where all units are vulnerable to corrosive damage and successive economic losses. This is usually considered a potential threat to the oil and gas industry and to overcome this, polymer concretes are progressively incorporated as an important material for the construction of structural wet wells and vault components for pump stations. Polymer concretes are comparatively lighter than traditional concretes that offer impeccable strength. The presence of hydrogen sulfide gas subsequently oxidizes sulfuric acid, leading to corrosive damage to offshore and onshore components. It can comparatively handle high-pressure force (up to 1300) from various operating equipment and pumps, which is substantially higher than conventional concrete like fiber cement. Hence, the overall positive market factors for essential anti-corrosive processing units in the oil and gas sector are contributing to the growth of the polymer concrete market.

According to the International Energy Agency, the oil demand is anticipated to increase from 2.2 mb/day to an average of 102 mb/day in 2023. China, being the world’s second-biggest oil user after the United States, will contribute to nearly 60% of global growth in 2023. A report published on Arabian Gulf Business Insight states that SLB, the world’s largest oilfield services company, has registered a massive growth of 6%, summing to USD 6.6 billion, where sales in the Middle East and Asia grew by 22%. In 2022, SLB signed two major deals for drilling-related services, securing five-year deals with ADNOC and QatarEnergy. In August 2023, the revenue for Russian oil exports increased by USD 1.8 billion to USD 17.1 billion where major shipments come from China and India.

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Polymer Concrete is Delivering Impeccable Solutions to Drainage Channels

Polymer concrete is successively used in protecting various drainage systems that subsequently develop essential structures connecting throughout the city. Polymer concrete channel drains are significantly convenient for trench drainage systems and comprise numerous advantages, including adaptability, easy installation, extensive durability, etc. Polymer concretes are aggregates of conventional concrete and essential binding polymers that assist in designing channels that consequently enable interconnection with each other to form a modular-like chain. The drainage systems with polymer concrete have been specially designed to withstand the heavy weight of cars and high-weight components in homes and gardens. It substantially keeps pathways, entrances, garage forecourts, and terraces free of rain and wastewater. Hence, the polymer concrete market is anticipated to experience massive growth due to the growing infrastructure projects either commercial or industrial.

For instance, in 2022, under Global Water Partnership (GPW), the management was strictly focused on incorporating 2020-2025 strategy plans where the investment is added around USD 368.86 million. In 2022, GPW encouraged the mobilization of USD 1.5 million for Southern African Development Community (SADC) countries under the GCP Project Preparation Facility. Data published by the European Construction Industry Federation (FIEC) in July 2023, states that the construction of new household buildings contributes to around 20.6% of the total construction investment across Europe. It also focused on two countries, Portugal and Ireland, which are anticipated to see investments in construction during the year.

Asia-Pacific Market is Progressively Contributing to the Growth of Polymer Concrete Market

The higher demand for non-commercial buildings, along with fuel consumption, are the prime elements driving the growth of the market in the Asia-Pacific region. India is becoming a leading hub of the construction business, which is encouraging real-estate investors to develop sustainable infrastructure projects. In addition to construction, oil and gas companies like Reliance Industries Ltd. (RIL), and Indian Oil Corporation (IOC) have commissioned various projects to fulfil the rising demand and become an exporter of oil and gas. Polymer concrete plays an imperative role in the oil and gas industry in preventing essential pump stations and oil wells from corrosive environments and processing high-pressure fluids across every segment of the unit. The increment in mobility across India and China has substantially increased the consumption of fuels, gasoline, and diesel, along with prominent industrial projects.

According to India Brand Equity Foundation, during 2022, the crude oil production in India was around 30.5 million metric tons. It also states that in June 2021, Indian Oil Corporation (IOCL) invested around USD 3.2 billion to expand the petrochemical projects in the Gujarat refinery. According to the data released by the Organization of Petroleum Exporting Countries (OPEC), the crude oil imports during May 2023 in China averaged around 10.8 mb/d. OECD demand is anticipated to rise by 06 mb/d, while non-OECD oil demand is forecasted to reflect an increase of 2.1 mb/d, where the maximum contribution is from China and India. Therefore, with such a definite investment, Asia-Pacific is considered a prominent contributor to the growth of the polymer concrete market.

Government Initiatives

Sika AG has recently disclosed its ongoing commitment to investing in polymer production at its Sealy, Texas facility. This marks the company's second polymer investment in Texas within the last five years. Polymers are essential chemical components for crafting Sika® ViscoCrete®, a high-performance, resource-efficient concrete admixture. The expansion comes in response to heightened demand for Sika's concrete admixture in the United States and Canada.

Anticipating numerous business opportunities, Sika is poised to benefit from U.S. government initiatives like the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA). These initiatives, aimed at rejuvenating American infrastructure and addressing climate change, are expected to unlock investments in significant infrastructure projects, as well as the expansion of energy and water facilities. Additionally, Sika foresees that reshoring initiatives, redirecting international manufacturing to the U.S., will drive the construction of new facilities, particularly in the batteries and semiconductors sectors. The United States, among developed nations, is projected to witness robust growth in demand for concrete additives, with an estimated CAGR of 3.4%, reaching USD 3.6 billion by 2026.

Future Market Outlook (2024-2031F)

·         Polymer concretes generally comprise polymer binder aggregated with concrete that substantially provides impeccable strength to structures. Thus, superior performance properties of polymer concrete will drive market growth in the coming years.

·         Polymer concrete offers impeccable compressive strength, shock resistance, zero water absorption, and chemical resistance, which will expand its application across various sectors.

·         It is successively used to extend support and strength to bridges, parking lots, loading docks, driveways, post-anchors, etc.

·     The intense objective to develop strong pavement constructions has emphasized the incorporation of polymer concrete and building sustainable structures with enhanced durability.

Report Scope

“Polymer Concrete Market Assessment, Opportunities and Forecast, 2023-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global polymer concrete market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, opportunities and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

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Polymer Concrete Market: Comprehensive study explores Huge Growth in Future

Global Polymer Concrete Market Report from Market Research Forecast highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include: Interplastic Corporation (U.S.), Dudick Inc. (U.S.), Forté Composites (U.S.), ULMA Architectural Solutions (Spain), BASF SE (Germany), Carborundum Universal Limited (CUMI) (India), Lidco Building Technologies (India), Kwik Bond Polymers (U.S.), ErgonArmor (U.S.), TPP Manufacturing Sdn Bhd (Malaysia). Free Sample Report + All Related Graphs & Charts @: https://marketresearchforecast.com/report/polymer-concrete-market-1327/sample-report The Polymer Concrete Market size was valued at USD 611.2 USD Million in 2023 and is projected to reach USD 937.38 USD Million by 2032, exhibiting a CAGR of 6.3 % during the forecast period. Market Drivers:

Increasing Emphasis on Environmentally Friendly and Energy Efficient Materials to Drive Industry Growth

Market Trend:

Increasing Demand for Durable and Long-Lasting Construction Materials to Create Significant Opportunities

Restrains:

Higher Price and Lack of Awareness of Polymer Concrete to Hinder Market Growth

Enquire for customization in Report @: https://marketresearchforecast.com/report/polymer-concrete-market-1327/enquiry-before-buy In this research study, the prime factors that are impelling the growth of the Global Polymer Concrete market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers. The Polymer Concrete market study is being classified Type: Polymer Impregnated Concrete, Polymer Cement Concrete, and Polymer Resin Concrete","End-Use Industry: Residential, Commercial, Industrial, and Infrastructure The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Polymer Concrete market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market. Get Reasonable Discount on This Premium Report @ https://marketresearchforecast.com/report/polymer-concrete-market-1327/request-discount Extracts from Table of Contents Polymer Concrete Market Research Report Chapter 1 Polymer Concrete Market Overview Chapter 2 Global Economic Impact on Industry Chapter 3 Global Market Competition by Manufacturers Chapter 4 Global Revenue (Value, Volume*) by Region Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type Chapter 7 Global Market Analysis by Application ………………….continued This report also analyses the regulatory framework of the Global Markets Polymer Concrete Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analysed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers. Contact US : Craig Francis (PR & Marketing Manager) Market Research Forecast Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: (+1 201 565 3262, +44 161 818 8166) sales@advancemarketanalytics.com

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Shaping the Future: Exploring the Applications of Polymer Concrete

Polymer concrete is a composite material that combines aggregates (such as gravel or sand) with a polymer binder to create a durable and high-performance construction material. It offers superior mechanical properties, chemical resistance, and durability compared to traditional concrete. The polymer binder used in polymer concrete can be epoxy, polyester, vinyl ester, or other resins. This versatile material finds applications in various industries, including construction, infrastructure, industrial, and residential sectors.

Market Overview:

The global polymer concrete market has witnessed significant growth in recent years and is expected to continue expanding at a considerable rate. Factors such as increasing infrastructure development, the need for durable construction materials, and growing awareness about the advantages of polymer concrete are driving market growth. Additionally, the rising focus on sustainable and eco-friendly construction practices has further boosted the demand for polymer concrete.

Key Market Segments:

By Type:

a. Epoxy Polymer Concrete b. Polyester Polymer Concrete c. Vinyl Ester Polymer Concrete d. Others

By Class:

a. Polymer-Modified Concrete (PMC) b. Polymer-Impregnated Concrete (PIC) c. Polymer-Cement Concrete (PCC)

By Application:

a. Industrial Tanks & Containments b. Pump Bases c. Waste Containers d. Flooring Blocks e. Trench Drains f. Bridge Drains g. Others

By End-Use Industry:

a. Construction b. Infrastructure c. Industrial d. Residential e. Others

Regional Analysis:

The polymer concrete market can be segmented into several key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Each region has its market dynamics and growth drivers. Currently, Asia Pacific is the largest market for polymer concrete due to rapid urbanization, increasing construction activities, and infrastructural development in countries like China, India, and Southeast Asian nations. North America and Europe are mature markets for polymer concrete, with a steady demand driven by infrastructure renovation and repair projects.

Key Market Players:

Several prominent companies operate in the polymer concrete market. These companies actively participate in research and development activities, product innovation, and strategic collaborations to strengthen their market position. Some of the key players in the polymer concrete market include:

BASF SE Sika AG MAPEI S.p.A. ACO Group Forte Composites Inc. ErgonArmor Crown Polymers Corp. Sauereisen Inc. Bechtel Corporation Wacker Chemie AG

Competitive Landscape:

The polymer concrete market is competitive and fragmented, with numerous local and international players. Market participants focus on product development, technological advancements, and expansion into emerging markets to gain a competitive edge. Mergers and acquisitions, partnerships, and collaborations are also common strategies employed by companies to strengthen their market presence.

Future Outlook:

The polymer concrete market is projected to witness continued growth in the coming years. Factors such as urbanization, infrastructure development, and the increasing demand for durable and sustainable construction materials will drive market expansion. Furthermore, ongoing advancements in polymer technology and the introduction of new product formulations will provide additional growth opportunities for market players.

Conclusion:

The polymer concrete market is a rapidly growing industry, driven by the need for durable and high-performance construction materials. With its exceptional mechanical properties and chemical resistance, polymer concrete is increasingly adopted in various applications across different sectors. As infrastructure development and construction activities continue to rise, the demand for polymer concrete is expected to expand further, presenting lucrative opportunities for market players in the years to come.

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PVC Additives Market-Industry Forecast, 2024–2030

PVC Additives Market overview

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Report Coverage

The report: “PVC Additives Market- Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the PVC Additives Industry.

By Type: Stabilizers, Impact Modifiers, Processing Aids, Lubricants, Plasticizers, Fillers, Others.

By Form: Granules, Powder, and Liquid.

By Fabrication Process: Extrusion, Injection Molding, Blow Molding and Others.

By Application: Pipes, Packaging, Furniture’s, Door and Windows, Cables, Medical Devices, Flooring, and Others.

By End Use: Building and Construction, Automotive industry, Textile Industry, Electrical and Electronics, Medical Industry, Food and Beverages, and Others.

By Geography: North America, South America, Europe, APAC, and RoW.

Key Takeaways

Asia Pacific dominates the PVC Additives market owing to rapid increase in building and construction sector.

Certain applications require higher impact strength than PVC would demonstrate normally.

The market drivers and restraints have been assessed to understand their impact over the forecast period.

The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.

The other key areas of focus include the various applications and end use industry in PVC Additives market and their specific segmented revenue.

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PVC Additives Market Segment Analysis — By Type

Stabilizers held the largest share in the PVC Additives market in 2019. This growth is mainly attributed to the increasing demand for stabilizers in varied applications such as pipes & fittings, rigid & semi-rigid films, and others. Due to their superior properties, such as UV resistance, weathering and heat-aging, stabilizers are increasingly favored over other types of additives. To avoid premature degradation, many polymers are vulnerable to environmental degradation and require the addition of a stabilizer such as an antioxidant or UV absorbent. Hampered phenols and obstructed amine light stabilizers (HALS) deactivate emerging radicals, like air-oxidated peroxy compounds. UV absorbers dissipate UV radiation through the material by a method that is non-destructive. Monomers are added to free radical inhibitors as stabilizers to prevent premature polymerization.

PVC Additives Market Segment Analysis — By Forms

Granules held the largest share in the PVC Additives market in 2019. Granules help to increase the density of the freshly synthesized polymer since it lacks the flowing properties required to be processed by an extruder. Due to their plasticity property, they can be molded or shaped by application of heat. Other characteristics of plastic are its low electrical conductivity, low density, transparency and toughness which allowed it to be used for the creation of different products. In addition, plastic’s versatility has led to its use in a wide array of industries. In order to produce normal and high-strength concretes, 10%, 20%, and 30% replacement ratios by volume of PVC granules and powder are used.

PVC Additives Market Segment Analysis — By Fabrication Process

Extrusion held the largest share in the PVC Additives market in 2019. Extrusion is used mainly for handling large plastic volumes. The pellets, granules, chips, or powders are fed into the extruder and melted under high temperatures. PVC compounding is a process where additives are mixed with the base resin in order to obtain a homogenous mix. The additives are used either to enhance process capabilities or to improve product efficiency. The use of sizing parts will generate any length of profiles to the desired length. Co-extrusion allows the manufacture of semi-finished multi-layer products with special barrier properties.

PVC Additives Market Segment Analysis — By Application

Pipes is projected to witness highest share in PVC Additives market in 2019. This rise is mainly due to the growing demand for pipes & fittings in piping and plumbing, gas pipeline laying, and telecommunication and electrical cable sheathing. Due to the replacement of traditional concrete, iron, and steel-based pipes & fittings with PVC pipes in the building & construction industry, the market for PVC additives in the pipes & fittings segment is expected to witness significant development. The market for building materials is on high demand, with the continually growing population. The prerequisite for housing is pipes and fittings, which are a critical necessity. Urbanization with a large network of connections has contributed to an increase in drainage requirements. There is a growing demand for pipes and fittings to cope with advanced piping links, which in turn drives market growth. Globally, there has been a rising demand for rainwater harvesting system that has helped to heat up the pipe and fit market. In 2019, recently the commercial sector has slowed as the risk for a downturn in global construction increases due to COVID-19 pandemic which led to temporary lockdown of all economic activities across globe.

PVC Additives Market Segment Analysis — By End Use

Building and construction dominates the PVC Additives market growing at a CAGR of 6.00%. With the growing construction industry and its demand for PVC Additives particularly in the regions of Asia-Pacific, North America and Europe, the demand of PVC Additives for all kinds of buildings is expected to see an upsurge. Residential application segment is witnessing growth due to the rising penetration from untapped markets. First-mover advantage in untapped regions and relatively low acquisition costs remain key driving forces in this application market. Furthermore, R&D in PVC Additives will support the growth of the PVC Additives market.

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PVC Additives Market Segment Analysis — Geography

Asia-Pacific (APAC) dominated the PVC Additives market growing at CAGR of 41% followed by North America and Europe. APAC as a whole is set to continue to be one of the largest and fastest growing construction markets globally. Large and more developed markets such China, India, Japan, and South Korea are expected to grow more in the coming years. China is driving much of the PVC Additives market demand in Asia-Pacific region followed by India and Japan. Of the five fastest growing regions in construction sector, other than U.S. all are Asian countries including China and India who majorly drive the demand for construction investment in this regions. The strong and healthy growth in construction sector is associated with growing population and middle class economy, which tend to drive APAC residential construction market further and hence the PVC Additives market. The number of buildings that have illuminated PVC Additives is growing sharply in APAC region. The increasing number of new building constructions, along with the rise in the number of renovation projects has further propelled the market. Currently the construction industry has been affected due to COVID-19 pandemic where most of the industrial activity has been temporarily shut down. In in turn has affected the demand and supply chain as well which has been restricting the growth in year 2020.

PVC Additives Market Drivers

Replacement of conventional material with PVC will drive the market

PVC is replacing traditional building materials such as wood, metal, concrete and clay in many applications. Versatility, cost-effectiveness and excellent use record make it the most important polymer in the construction sector, accounting for 60%. These products are often lighter, less expensive and offer many performance advantages. Making it prominent material than conventional.

Rapid industrialization and infrastructure activity will augment the growth of PVC Additives

Improvement in economic climate along with boom in industrialization and infrastructure activity across the globe is leading the growth of PVC Additives. Oxford Economics has estimated global infrastructure investment needs to be $94 trillion between 2016 and 2040. This is 19 percent higher than would be delivered under current trends. With the increasing rate of industrialization and infrastructure activity, as a result of which PVC Additives growth is augmenting.

PVC Additives Market Challenges

Low R&D expenditure in the emerging markets and high maintenance cost will hamper the market to growth

Innovation is the key to developing new products, but most manufacturers are not investing much into R&D. Rather than cutting-edge technology, they invest in creating relevant technology. These factors are hampering the growth of the market. Because most of the pipes and fittings are located underground in the event of any malfunction or failure, the cost of repairs can be even greater.

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Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the PVC Additives market. In 2019 the PVC Additives market has been consolidated by the top five players accounting for xx% of the share. Major players in the PVC Additives market are BASF SE, Arkema SA, Akzo Nobel N.V, Adeka Corporation, Clariant AG and Others.

Acquisitions/Technology Launches/ Product Launches

In April 2017, Lanxess Corporation has completed acquisition of Chemtura. With this acquisition, Lanxess significantly expands its market position for PVC additives. A notable sampling includes: the sale of its proprietary OBS (organic-based heat stabilizers) for rigid PVC applications to Baerlocher; the sale of the rest of its PVC additives business to Galata Chemicals.

Key Market Players

The Top 5 companies in the PVC Additives Market are:

BASF SE

Arkema SA

Akzo Nobel N.V

Adeka Corporation

Clariant AG

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Cement Adhesive Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033

The cement adhesive global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Cement Adhesive Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The cement adhesive market size has grown rapidly in recent years. It will grow from $1.35 billion in 2023 to $1.49 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%.  The growth in the historic period can be attributed to the increasing need for residential buildings, growing demand in the construction sector, the growing popularity of do-it-yourself (DIY) projects, increasing demand for cement tile adhesives, and the growing population in urban centers.

The cement adhesive market size is expected to see rapid growth in the next few years. It will grow to $2.22 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%.  The growth in the forecast period can be attributed to increasingly incorporating alternative fuels, such as biomass and waste-derived fuels, environmental regulations, increasing research and development spending, growing preference for cement adhesives over traditional cement mortars, and rising incorporation of recycled materials. Major trends in the forecast period include innovations in adhesive formulations, innovations with polymer-modified cement adhesives (PMCs), innovations in epoxy-based cement adhesives, innovations in heat-resistant cement adhesives, and nano-technology-based adhesives.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - Growing demand for residential buildings is expected to propel the growth of the cement adhesive market going forward. The construction of residential buildings is rising due to increasing urbanization, population growth, and demand for housing solutions. Cement adhesive is widely used in residential construction for bonding tiles, bricks, and concrete blocks, providing strong, durable, and moisture-resistant connections essential for structural stability. For instance, in March 2024, according to the Australian Bureau of Statistics, an Australia-based government agency, there are 30,992 dwellings of private new houses, rising 3.7% from December and an increase of 14.6% since March 2023. Additionally, private new other residential completions increased to 14,844 dwellings, a 5.6% increase compared with December 2023. Therefore, the growing demand for residential buildings drives the cement adhesive market.

Market Trends - Major companies operating in the cement adhesive market are focused on developing advanced products such as concrete filler and anchoring adhesive products to improve bonding strength, durability, and efficiency in construction. Concrete filler and anchoring adhesive products designed for concrete applications, ensure long-lasting stability and resistance to environmental factors such as moisture, temperature fluctuations, and chemical exposure. For instance, in April 2023, DAP Products Inc., a U.S.-based company, launched new concrete filler and anchoring adhesive products. The products feature a Concrete Crack Filler, All-Purpose Adhesive & Filler, and Anchoring Adhesive that ensure reliability. These are intended for construction and repair tasks such as filling cracks, anchoring bolts, and reinforcing structural elements, ensuring durability and improving the lifespan of both residential and industrial concrete structures.

The cement adhesive market covered in this report is segmented –

1) By Type: Epoxy, Ceramic Tile, Acrylic, Resin, Cementitious, Vinyl, Other Types 2) By Application: Roofing Adhesives, Flooring Adhesives, Insulating Adhesives, Tile Installation Adhesives, Wall Bonding Adhesives 3) By End-User: Construction, Packaging, Automotive, Electronics, Pigment, Other End-Users

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Regional Insights - Asia-Pacific was the largest region in the cement adhesive market in 2023. The regions covered in the cement adhesive marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the cement adhesive marker are  DuPont de Nemours Inc., Arkema S.A., Sika AG, UltraTech Cement, Asian Paints Ltd., Ambuja Cements, H.B. Fuller Company, Pidilite Industries Ltd., Birla Corporation Ltd., J.K. Cement Ltd., Tremco, Ashland Inc., Laticrete International, ACC Limited, Myk Laticrete Inc., Chembond Chemicals Ltd., Polyguard Products Inc., Kerakoll SpA, Polyfix Construction Chemicals, ITW Red Head

Table of Contents 1. Executive Summary 2. Cement Adhesive Market Report Structure 3. Cement Adhesive Market Trends And Strategies 4. Cement Adhesive Market – Macro Economic Scenario 5. Cement Adhesive Market Size And Growth ….. 27. Cement Adhesive Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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The Self Leveling Concrete Market is projected to grow from USD 5693 million in 2024 to an estimated USD 7972.88 million by 2032, with a compound annual growth rate (CAGR) of 4.3% from 2024 to 2032.Self-leveling concrete, a versatile flooring solution known for its smooth finish and easy application, has gained significant traction in the global construction industry. The self-leveling concrete market is witnessing robust growth, driven by the rise in infrastructure development, increasing commercial and residential construction projects, and the growing demand for efficient and cost-effective flooring solutions.Self-leveling concrete, also known as self-leveling compound or screed, is a polymer-modified cement used to create flat and smooth surfaces without the need for extensive labor. It has the unique ability to spread evenly under its own weight, ensuring a uniform surface. This makes it ideal for leveling floors before installing flooring materials like tiles, carpets, or hardwood.

Browse the full report https://www.credenceresearch.com/report/self-leveling-concrete-market

Market Growth Drivers

1. Rising Construction Activities: One of the primary factors driving the growth of the self-leveling concrete market is the boom in global construction activities. Rapid urbanization, especially in emerging economies, has led to increased demand for residential, commercial, and industrial spaces. This has fueled the need for efficient flooring solutions that can speed up construction processes while ensuring quality and durability.

2. Increasing Demand for Aesthetic Flooring Solutions: The modern construction landscape places a high emphasis on aesthetic and durable flooring solutions. Self-leveling concrete offers a seamless and smooth finish that can be polished to create a visually appealing surface. This makes it a preferred choice in commercial spaces such as retail stores, hotels, and office buildings, where aesthetics are crucial.

3. Cost and Time Efficiency: Traditional flooring methods can be time-consuming and labor-intensive. Self-leveling concrete, however, reduces both the time required for floor preparation and the labor costs involved. Its quick-drying properties also enable faster project completion, which is a significant advantage in large-scale construction projects.

4. Advancements in Material Technology: The development of advanced polymer-modified formulations has enhanced the properties of self-leveling concrete, such as improved flowability, increased strength, and better adhesion. These technological advancements have expanded its application across a wider range of environments, including heavy industrial settings and areas exposed to high foot traffic.

Key Market Trends

1. Green Building Initiatives: The construction industry is increasingly adopting sustainable practices, and self-leveling concrete fits into this trend due to its reduced waste, energy efficiency, and the possibility of using eco-friendly ingredients. The push towards green building certifications, such as LEED (Leadership in Energy and Environmental Design), is driving the demand for construction materials that are both durable and environmentally friendly.

2. Rising Adoption in Renovation Projects: The self-leveling concrete market is witnessing significant demand in the renovation sector. As older buildings and infrastructure undergo refurbishment, there is a growing need for fast, effective flooring solutions that can level uneven surfaces without the need for demolition. Self-leveling concrete provides an efficient option for upgrading floors without disrupting the existing structure.

3. Emergence of Decorative Applications: While functional in nature, self-leveling concrete is increasingly being used for decorative purposes. Polished and stained self-leveling floors are gaining popularity in modern architecture, particularly in open-plan residential spaces, lofts, and retail environments. Its ability to create a glossy, industrial-chic look has expanded its application beyond just floor preparation.

Challenges Facing the Market

Despite its advantages, the self-leveling concrete market faces several challenges. One significant barrier is the high initial cost of polymer-modified self-leveling concrete compared to traditional concrete. Additionally, proper application requires skilled labor to ensure the material is mixed and applied correctly, which may increase labor costs.

In some regions, a lack of awareness about the benefits of self-leveling concrete may also hinder market growth. Contractors and builders who are unfamiliar with its properties may be reluctant to switch from traditional concrete or other flooring solutions.

Future Prospects

Looking ahead, the self-leveling concrete market is poised for continued growth, fueled by increasing construction activities, rising demand for aesthetic and sustainable flooring solutions, and ongoing technological advancements. As industries and consumers prioritize faster, cost-effective, and environmentally friendly construction materials, the demand for self-leveling concrete is expected to rise steadily.

Key Player Analysis:

CTS Cement

Dayton Superior Corporation

Duraamen Engineered Products, Inc.

Durabond Products Limited

Harricrete Ltd

Koster Bauchemie AG

Larsen Building Products

Laticrete International, Inc.

MYK Schomburg

Sika AG

TCC Materials

USG Corporation

R. Meadows, Inc.

Segmentation:

By System Type 

Underlayment System

Overlay System

By End-use 

Residential

Commercial

Industrial

By Region

North America

US

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Browse the full report https://www.credenceresearch.com/report/self-leveling-concrete-market

Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: sales@credenceresearch.com

Website: www.credenceresearch.com

[trendingrepots]

Facades Market - Forecast (2024 - 2030)

Facades Market size is forecast to reach $242 billion by 2025, after growing at a CAGR of 5.6% during 2020-2025. With rise in Building and construction industries, the Facades Market is witnessing an increase in demand. Growing public interest towards environment-friendly façade (i.e green façade) will further enhance the overall market demand for Facades during the forecast period. 

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Report Coverage

The report: “Facades Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Facades Industry. 

By Materials – Wood, Cement (Fibre Cement, Portland Cement, Pulverized Limestone, Concrete, Others), Polymers (Resin, Polyamide, EPDM (Ethylene Propylene Diene Terpolymer), Others), Glass (Float glass, Sheet glass, Patterned glass, Wired glass), Metal (Steel, Aluminium, Copper, Others).

By Application – Industrial, Commercial, Residential, Others.

By Geography – North America, South America, Europe, APAC, RoW.

Key Takeaways

Asia-Pacific dominates the Facades Market owing to increasing demand from applications Buildings and Construction industries. 

The growing corporate industries, is likely to aid in the market growth of facades.

Increasing adoption of sustainable and environment friendly products such as green façade, which will increase the market demand for Facades in the near future.

Wooden facade is much more flammable, which will create hurdles for the Facades Market. 

Material - Segment Analysis

Glass façade holds the largest market share in the Facades Market due to increase in overall construction activities due to urbanization is a major factor for the growth of Facades Market. Rise in Consumer spending power and demand for a secured and protected workplace environment is growing demand for facades globally. Facades are vital components of the building & covers roof, street awnings, and ventilation louvers, along with the vertical and horizontal aspects of the building. Facades provides durability, safety & aesthetic feel, and focuses on energy efficiency and interior comfort requirements of the building. Increasing adoption of facades in rapidly growing construction industry for commercial and residential projects is expected to boost demand for facades and drives growth of the global market over the forecast period. 

Application - Segment Analysis

Commercial sector has been the primary market for Facades, due to the rise in the number of commercial buildings, such as retail stores, hotels, medical centers, warehouses, and garages. Corporates offices are highly dependent on façade as, it is one of the most integral pieces to the overall design of the structure, as it adds a unique personality and character to it. There is ‘n’ number of buildings that settle for standard designs and perfectly meet the structural regulations but always lack their identity, character, and personality. A Façade can play a huge role in this as it imparts that uniqueness to the structure which negates the detrimental effect of the building which lacks that something special. So, facades are very important and integral part in commercial sector which will drive the market demand for Facades.  

Geography - Segment Analysis

North America dominated the Facades Market with a share of more than 30%, followed by Europe and APAC. Countries such as US, Canada are the major market for facades in this region as, most of the world’s biggest companies’ headquarters are situated there such as google, apple, along with many other IT industries. Whereas the increase in number of skilled professionals that includes- qualified architects, consultants and manufacturers in construction industry, who possess in-depth knowledge about facade market and know their better usage in construction industry, has brought more professionalism to the industry and hence have contributed to their significant rise.

Drivers – Facades Market

Growing demand and Innovations in facades

Facades Market has a promising future because energy conservation is the need of the hour and facades have the potential to generate as well as restore renewable energy. The scope of advancements in facades to produce electronically controlled facades, automation in facades and use of advanced photovoltaic cells and heat filters in facades are also some of the promising factors for future growth of Facades Market. With innovative new materials and traditional materials animated by new technologies, façades now offer a cutting-edge visual experience – but at the heart of these advancements lies the endeavour to create environments that will be comfortable for the end-user.

Implementation of Stringent Environment Regulations

Increasing adoption of sustainable and environment friendly products such as green façade, which will increase the market demand for Facades in the near future. The concept of Green Building, to be specific, Green Facade is one of the most promising ways to ensure energy savings in buildings nowadays. It contributes to the reduction of the urban heat island effect in the hinterland. The shadow effect provided by the plants on the facade is the most significant parameter that serves the purpose of controlling the heat wave and pollution.

[marketsndata]

[market-insider]

Composite Strengthening Systems Market: Market Size, Share, and Growth Projections

The global composite strengthening systems market size is expected to reach USD 264.4 million by 2030, and expanding at a CAGR of 7.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is attributed to the rising demand for repairs and retrofitting of old buildings worldwide. Moreover, the demand for lightweight and sustainable building materials in the U.S., Canada, South Korea, and Germany is expected to drive the demand for composite strengthening systems over the forecast period.

Composite Strengthening Systems Market Report Highlights

Based on product, the Fiber-Reinforced Polymer (FRP) segment dominated the market and was valued at USD 117.7 million in 2023. The high strength-to-weight ratio, durability, and lightweight properties of FRP composite strengthening systems make them suitable for strengthening concrete structures while adding minimal weight to the overall building.

Fabric-reinforced cementitious matrix (FRCM) products is expected to grow at the fastest CAGR of 7.0% over the forecast period. FRCM systems consist of a cementitious matrix reinforced with high-strength fibers, such as carbon, glass, or aramid. These materials offer high tensile strength, flexural strength, and crack resistance. They also provide excellent durability, fire resistance, and resistance to moisture and chemical exposure, resulting in the substantial growth of the product.

In 2023, Asia Pacific was valued at USD 67.3 million in the global market. In the Asia Pacific market, rising demand for buildings with higher sustainability in countries, such as India, China, and Japan, is expected to impact the dynamics of the composite strengthening systems market.

The composite strengthening systems market in Europe is projected to expand at a CAGR of 7.1% over the forecast period. European countries have a rich culture of ancient and historic places such as castles, palaces, town halls, and churches. This results in continuous renovation activities related to strengthening of structures to preserve them. This is expected to keep the demand for composite strengthening systems market in the region over the coming years.

Central & South America is highly susceptible to natural disasters such as earthquakes or hurricanes. For instance, according to the U.S. National Hurricane Center (NHC), tropical storm Pilar of 2023 hit the Pacific coast areas of Honduras, Guatemala, Costa Rica, Nicaragua, and El Salvador. These natural disasters are projected to increase the demand for strengthening solutions as part of risk mitigation strategies.

The composite strengthening systems market is moderately consolidated owing to the presence of several medium and small players around the world. Players in the market compete on the basis of quality, price, product performance, and technological innovation.

For More Details or Sample Copy please visit link @: Composite Strengthening Systems Market Report

Composite strengthening systems are used in buildings and infrastructural structures to increase their strength and load-bearing capacity. They are mainly preferred for retrofitting and rehabilitating aging structures as they help improve their service life. The majority of such retrofitting and rehabilitation projects are assigned to contractors who procure the composite strengthening system from the manufacturers and use it.

Some of the major raw materials used to produce composite strengthening systems include carbon fiber and E-glass fabrics. This is due to their high tensile strength, light weightiness, and durability of these materials. These materials improve the load-bearing capacity of the buildings without adding any excessive weight to the structures. Some of the major suppliers of raw materials are JPS Composite Materials, LeapTech, LLC., BGF Industries, Hexcel, Mitsubishi Chemical Corporation, and Solvay.

Raw materials that are required to manufacture composites include E-glass fabrics, carbon fiber, and others. The individual product markets are characterized by the presence of a large number of suppliers operating across the globe and catering to multiple application industries. However, few composite manufacturers are integrated into their operations and manufacture high-cost raw materials such as carbon fibers. These factors lead to medium to high bargaining power of suppliers over the forecast period.

The high cost of raw materials for composites is likely to challenge manufacturer’s procurement operations. Moreover, the growing demand for these raw materials by other manufacturing industries is likely to pose a challenge for composites manufacturers.

List of Major Companies in the Composite Strengthening Systems Market

Master Builders Solutions

Concrete Repairs Ltd.

Shanghai Horse Construction Co., Ltd

Blome International

Bhor Chemicals and Plastics Pvt. Ltd.

Simpson Strong-Tie Company, Inc.

Sika Canada Inc.

Freyssinet

Gateway Composites LLC

Norcon Corporation

[tamanna31]

Worldwide Silicone Market 2024- Strategy Resources, Manufacturers, Supply and Forecasts 2030

Silicone Industry Overview

The global silicone market size was estimated at USD 21.33 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2030. Growing demand for silicone in various end-use industries including personal care, consumer goods, industrial processes, and construction is expected to drive market growth. The U.S. silicone industry is expected to perform moderately owing to limited opportunities by market maturity of both manufacturing industries in general and use of silicones. However, continuous product innovation and ongoing technological developments are expected to promote application of silicone in emerging markets.

Emerging applications include electric vehicles (EVs) and health & personal care, which, in turn, are expected to fuel market growth over the forecast period. Moreover, suppliers continue to gain market share through value-added product development and by creating inroads into applications that conventionally use other materials.

Gather more insights about the market drivers, restrains and growth of the Silicone Market

Silicone is widely used in the construction industry owing to weather resistant, highly stable, and inert & high-water repellent properties. It is used in conjugation with several materials such as marble, glass, concrete, aluminum, steel, and polymers, which find application in residential and commercial constructions. In addition, they are also used in construction of roads, bridges, pipelines, oil rigs, and industrial units. Rising population, increasing urbanization, and rapid industrial growth have resulted in a growing need for construction and infrastructure development globally.

The silicone industry is expected to grow owing to increasing application scope of silicone in various end-use industries. Across electronics industry, silicone is used in a broad range of electronic applications such as for protecting insulators from salt air damage, moisture-proofing of boards, modification of semiconductor encapsulating materials, and protecting ends of heating element wires in printed circuit boards (PCBs), semiconductors, and electronic control units (ECUs), LED devices, and others.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

The global cenospheres market size was estimated at USD 592.32 million in 2023 and is projected to grow at a CAGR of 12.1% from 2024 to 2030. 

The global curing agent market size was estimated at USD 6.62 billion in 2023 growing at a CAGR of 6.3% from 2024 to 2030.

Key Companies & Market Share Insights

Global silicone industry is significantly fragmented in nature with the presence of big manufacturing players globally. Market players compete mainly on the basis of technology used for production of silicone and quality of products. Key market players are inclined towards adopting marketing strategies such as mergers & acquisitions, new and innovative products along with production capacity expansions are some of popular strategies adopted by a majority of the market players operating in the global silicone market.

In September 2023, Wacker Chemie AG, a silicone manufacturer, announced the expansion of their silicone production capacities in China with an investment of USD 160.34 million (EUR 150 million). The facility will be capable of manufacturing silicone fluids, silicone emulsions, and silicone elastomer gels. 

Key Silicone Companies:

Elkay Chemicals Pvt. Ltd.

Supreme Silicones

Shin-Etsu Chemical Co., Ltd.

Silchem Inc.

Silteq Ltd

Amul Polymers

Wacker Chemie AG

Specialty Silicone Products, Inc.

Illinois Tool Works Inc.

Evonik Industries AG

Hutchinson

Kemira Oyj

Dow Inc.

Nano Tech Chemical Brothers Private Limited

Elkem ASA

Order a free sample PDF of the Silicone Market Study, published by Grand View Research.

[businessindustry]

Europe Calcium Carbonate Market Trends, Forecasts to 2024 - 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Europe Calcium Carbonate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the Europe Calcium Carbonate Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Europe Calcium Carbonate Market?

The Europe calcium carbonate market was valued at US$ 2,142.4 Million in 2023 and is expected to register a CAGR of 3.7% over the forecast period and reach US$ 2,959.4 Million in 2032.

What are Europe Calcium Carbonate?                                                                                                                                                                            

Calcium carbonate in Europe encompasses its uses and applications within the region. This versatile mineral is widely employed across various industries for its high brightness, purity, and adaptability. It serves crucial roles in sectors such as paper, plastics, paints, and coatings, where it enhances product performance and reduces costs as a filler and pigment. Additionally, calcium carbonate plays essential roles in agriculture as a soil conditioner and in the pharmaceutical industry for dietary supplements. Europe's calcium carbonate market is defined by its extensive industrial applications and the adoption of sustainable production practices to comply with environmental regulations and meet growing consumer demand for eco-friendly products.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/2354

What are the growth prospects and trends in the Europe Calcium Carbonate industry?

The Europe calcium carbonate market growth is driven by various factors and trends. The calcium carbonate market in Europe is thriving, driven by its wide-ranging applications across multiple industries. Valued for its high purity, brightness, and versatility, calcium carbonate is extensively utilized in sectors like paper, plastics, paints, and coatings as a crucial filler and pigment, improving product quality and cost efficiency. It also serves essential roles in agriculture for soil conditioning and in pharmaceuticals as a dietary supplement. Market expansion is fueled by continuous advancements in production techniques and rising demand for sustainable solutions that align with strict environmental standards and consumer preferences for eco-conscious products. Hence, all these factors contribute to Europe calcium carbonate market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Type

Ground Calcium Carbonate

Precipitated Calcium Carbonate

By Production Method

Natural Calcium Carbonate Production

Mechanical

Dry Grinding

Wet Grinding

Chemical Precipitation Methods

Hydrothermal Methods

Others

By Source

Chalk

Limestone

Marble

Calcite

By Purity

0%

Above 98.0%

By Form

Powder

Granules

By Application

Polymer Formulation

Cement, Concrete, & Asphalt

Dietary Supplementation

Baby Diapers & Feminine Hygiene Products

Soil Conditioner & Fertilizer

Food Products

Wastewater Treatment

Others

By End-Use Industry

Plastics & Paper

Agriculture

Food Industry

Pharmaceuticals

Construction

Rubber

Paints & Coatings

Adhesives & Sealants

Water Treatment

Europe

Germany

K.

France

Austria

Switzerland

Italy

Spain

Portugal

Greece

Cyprus

Poland

Czech Republic

Slovakia

Hungary

Ukraine

Balkan Countries

Rest of Europe

Who are the key players operating in the industry?

The report covers the major market players including:

Almatis

Refratechnik Group

Keralit LLC

Surmet Corporation

CeraNova Corporation

Washington Mills

Baikowski

MFE Magnesium

View Full Report: https://www.reportsandinsights.com/report/Europe Calcium Carbonate-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

Reports and Insights Business Research Pvt. Ltd. 1820 Avenue M, Brooklyn, NY, 11230, United States Contact No: +1-(347)-748-1518 Email: sales@reportsandinsights.com Website: https://www.reportsandinsights.com/ Follow us on LinkedIn: https://www.linkedin.com/company/report-and-insights/ Follow us on twitter: https://twitter.com/ReportsandInsi1

[marketingreportz]

Polymer Modified Cementitious Coatings Market - Forecast(2024 - 2030)

Market Overview

Polymer Modified Cementitious Coatings Market size is forecast to reach US$12.3 billion by 2026, after growing at a CAGR of 5.9% during 2024–2030. The development of polymer-based concrete emerged as an additive that helps to improve cementitious material durability and adhesion to improve concrete strength by reducing porosity at the surface level and is driving the market growth. Also, the rising demand for dual component, thixotropic coatings in residential, and commercial construction to protect the steel and concrete components from corrosion is anticipated to drive the demand for Polymer Modified Cementitious Coatings Market growth.

Sample Report:

Furthermore, the increasing usage of acrylic polymer and styrene butadiene rubber latex for waterproofing roofs and decks, and protection of coastal and highways structures to increase the durability of concrete will act as an opportunity for the growth of the polymer modified cementitious coatings industry during the forecast period.

Market Snapshot:

Report Coverage

The: “Polymer Modified Cementitious Coatings Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Polymer Modified Cementitious Coatings Market.

By Type: Acrylic Polymer and Styrene Butadiene Rubber Latex. By Flexibility: Flexible and Non-Flexible. By Composition: One Component and Two Component. By Application: Residential, Commercial, Industrial, and Infrastructure. By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa).

For More Details on This Report — Request for Sample

Key Takeaways

The Asia-Pacific region dominated the Polymer Modified Cementitious Coatings Market owing to the rising residential construction projects in emerging economies such as China, India and others.

Rising initiatives and investments in large infrastructure projects by governments of several countries is likely to drive the polymer modified cementitious coating market over the forecast period.

Industrial revolution and rapid urbanization is also estimated to drive the overall Polymer Modified Cementitious Coatings Market growth.

Inquiry Before:

Polymer Modified Cementitious Coatings Market Segment Analysis — By Type

Acrylic Polymer is extensively used in the Polymer Modified Cementitious Coatings Market. Acrylic polymer is a clear, robust, and rigid plastic substance. Acrylic polymers come in a variety of hues and finishes owing to which it is frequently used in architecture and construction coatings. Because of their chemical purity, stability, high heat resistance, UV resistance, excellent weathering, low temperature performance, water resistance, and hydrophobicity, acrylic polymers are now widely employed in industry in a variety of applications. Thus, it is anticipated that the rising demand for acrylic polymer in several applications will boost the growth of the market in the upcoming years.

Polymer Modified Cementitious Coatings Market Segment Analysis — By Application

Residential sector held the largest share in the Polymer Modified Cementitious Coatings Market in 2023 and is projected to grow at a CAGR of 5.1% during the forecast period 2024–2030. The expansion of polymer modified cementitious coatings in the residential building market is being fueled by their low cost. Construction spending on buildings is projected to increase just over 6% in 2023, according to the mid-year update of the American Institute of Architect’s AIA Consensus Construction Forecast. The demand for apartments, condos and townhomes is high as single-family homes have become more expensive and less available due to lack of space. As per a report from the U.S. Commerce Department, homebuilding increased in August 2022 as rising rents boosted the construction of multi-family housing to the highest level in more than 36 years. The number of apartments under construction (890,000 residents in 2-plus unit properties) as of September 2022 is at the highest level since the first quarter of 1974, according to the National Association of Home Builders (NAHB). Thus, with the rising usage of polymer modified cementitious coatings in the residential sector the market is anticipated to grow over the forecast period.

Schedule a Call :

Polymer Modified Cementitious Coatings Market Segment Analysis — Geography

Asia Pacific held the largest share with 39% in the Polymer Modified Cementitious Coatings Market in 2023. Rapid increase in the residential construction activities has raised the demand for polymer modified cementitious coatings in this region. Also, owing to the industrial development and improving economic conditions in the emerging economies such as China, India, Japan, and South Korea have further uplifted the growth of the market. According to GDP data, India is currently one of the world’s fastest growing major economies and is currently in the middle of a housing boom. The demand for housing is steadily increasing in most urban areas and is expected to grow even faster in the years ahead. Across the country there was an urban housing shortage of 19 million housing units last year. According to government estimates this is expected to double by 2030. Thus, it is anticipated that with the rising growth of residential buildings in Asia-pacific region the market for polymer modified cementitious coatings will also upsurge over the forecast period.

Polymer Modified Cementitious Coatings Market Drivers

Rising Infrastructure Activities

Infrastructure sector is a key driver for the rising economy in several regions. Rising government initiatives to support infrastructure development is estimated to drive the growth of the Polymer Modified Cementitious Coatings Market. Also, the increasing usage of acrylic polymer and styrene butadiene rubber latex owing to its alluring properties in the infrastructure sector would further drive the market growth. Almost $1 trillion worth of development projects have commenced or been announced since the unveiling of Saudi Arabia’s Vision 2030 agenda. To deal with the planned influx of tourists, the Kingdom is also spending on major supporting infrastructure, including a new airport in Riyadh at a cost of almost $150 billion and a vast new passenger rail network. Thus, with the growth of several infrastructure activities and rising government initiatives towards infrastructure segment the market is estimated to rise in the projected timeframe.

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Polymer Modified Cementitious Coatings Market Challenges

Fluctuating Raw Material Prices

For every branch of the manufacturing industry, raw materials are perhaps the most important factor in production. However, due to the raw material intensive nature in the coating industry, raw materials play a far greater role. Even minor changes in raw material prices have a significant impact on the profitability and operations of coating manufacturers. India, which is entirely reliant on crude oil and derivatives imports, imports nearly 90% of its raw material requirements for the coating industry, which has suffered greatly as a result of rising prices and political uncertainty in the Middle East region. In 2022, the price of crude oil and crude oil-linked derivatives such as monomers and solvents put pressure on coating manufacturers thanks to the Russia-Ukraine war. Thus, due to the fluctuating price of raw materials the market for polymer modified cementitious coatings is anticipated to face hurdles in the forecast period.

Polymer Modified Cementitious Coatings Market Landscape

Major players in the Polymer Modified Cementitious Coatings Market are

Arkema S.A.

Sika AG,

Akzo Nobel N.V.

MAPEI S.p.A.

Compagnie de Saint-Gobain S.A.

Dow, Inc.

H.B. Fuller Company

The Lubrizol Corporation

Organik Kimya A.S.

Fosroc International Limited

For more Chemicals and Materials Market reports, please click here

[spookysaladchaos]

Global Top 13 Companies Accounted for 54% of total Lutein and Lutein Esters market (QYResearch, 2021)

The Lutein and Lutein Esters industry can be broken down into several segments, Powder/Concrete, Oil, etc.

Lutein is a xanthophyll and one of 600 known naturally occurring carotenoids. Lutein is synthesized only by plants and like other xanthophylls is found in high quantities in green leafy vegetables such as spinach, kale and yellow carrots. In green plants, xanthophylls act to modulate light energy and serve as non-photochemical quenching agents to deal with triplet chlorophyll (an excited form of chlorophyll), which is overproduced at very high light levels, during photosynthesis.

Lutein is an antioxidant that belongs to the carotenoid group. It’s found in high amounts in leafy greens and orange-yellow vegetables as well as dietary supplements.

Lutein is important for maintaining eye health and reducing the risk of macular degeneration and cataracts. It may also have protective effects on our skin and cardiovascular system.

Lutein is a carotenoid that has been shown to support vision health. Lutein is available in two forms–lutein esters and free lutein.

According to the new market research report “Global Lutein and Lutein Esters Market Report 2023-2029”, published by QYResearch, the global Lutein and Lutein Esters market size is projected to reach USD 0.23 billion by 2029, at a CAGR of 6.1% during the forecast period.

Figure.   Global Lutein and Lutein Esters Market Size (US$ Million), 2018-2029

Figure.   Global Lutein and Lutein Esters Top 13 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of Lutein and Lutein Esters include Chenguang Biotech Group Co.,Ltd., Kemin Industries, Qingdao Scitech Biotech Co., Ltd., Synthite, OmniActive, Katra Phytochem Pvt ltd., Piveg, Divis, Lycored, IOSA, etc. In 2021, the global top five players had a share approximately 54.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[bhavanameti]

Global Superabsorbent Polymers Market Projected to Reach $14.9 Billion by 2030

Meticulous Research®—a leading global market research company, published a research report titled, ‘Superabsorbent Polymers Market by Type (Sodium Polyacrylate, Polyacrylamide Copolymer), Application (Personal Care & Hygiene, Medical, Construction), Sector (Agriculture, Packaging, Health & Wellness, Oil & Gas), and Geography - Global Forecast to 2030.’

According to the latest publication from Meticulous Research®, the global superabsorbent polymers market is projected to reach $14.9 billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030. This growth is driven by the increasing demand for superabsorbent polymers (SAPs) in personal care products, their rising adoption in agriculture for water management and improved crop yield, and heightened awareness about hygiene and healthcare. Additionally, advancements in bio-based superabsorbent polymers and their expanding application in oil & gas, food packaging, and agriculture sectors are expected to create growth opportunities.

However, the market growth is restrained by the non-biodegradable nature of superabsorbent polymers. Stringent regulations and standards for their use and disposal pose significant challenges. The adoption of SAP in the smart packaging market is emerging as a prominent trend.

The global superabsorbent polymers market is segmented by type, application, and sector, and the study also evaluates industry competitors at the region/country level.

By type, the market is divided into sodium polyacrylate, polyacrylamide copolymer, and others. In 2023, sodium polyacrylate is expected to hold the largest market share due to its high absorbency and retention capabilities, the growing demand for disposable personal hygiene products, and increasing consumer awareness about hygiene and comfort. The polyacrylamide copolymer segment is projected to register the highest CAGR, driven by its benefits in applications such as wastewater treatment, agriculture, and personal care, along with the rising need for efficient water management and conservation.

By application, the market is categorized into personal care & hygiene, packaging & absorbents, self-healing concrete & sealants, medical dressings, soil moisture retention, spill containment, and others. In 2023, personal care & hygiene is expected to dominate the market, attributed to the increasing consumer demand for enhanced comfort and convenience in personal care products, as well as the demand for leakage protection and odor control in diapers, adult incontinence products, and feminine hygiene items. The medical dressings segment is projected to grow at the highest CAGR due to the rising demand for advanced wound care products and the need to minimize dressing changes and disruptions to the wound healing process.

By sector, the market is segmented into agriculture, packaging & industrial, construction & civil engineering, health & wellness, medical, oil & gas, and others. The health & wellness sector is anticipated to hold the largest share in 2023, driven by the demand for advanced personal care products with superior absorption and leakage protection properties, and growing emphasis on hygiene and sanitation. The medical sector is expected to register the highest CAGR due to the increasing production of high-absorption medical products and the development of biocompatible and biodegradable materials.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to lead the market, followed by Europe and North America. This region is also projected to experience the highest CAGR, driven by increasing awareness about personal hygiene, rising demand for healthcare products, and government initiatives promoting hygiene and infant care.

Key players in the superabsorbent polymers market include BASF SE, Evonik Industries AG, Nippon Shokubai Co., Ltd., Sumitomo Seika Chemicals Co., Ltd., LG Chem Ltd., Formosa Plastics Corporation, Sanyo Chemical Industries, Ltd., Yixing Danson Technology, Songwon Industrial Co., Ltd., San-Dia Polymers Global Co. Ltd., Kao Corporation, Zhejiang Weilong Polymer Material Co., Ltd, Quan Zhou Banglida Technology Industry Co., Ltd., Shandong Nuoer Biological Technology Co., Ltd., Wanhua Chemical (Yantai) Sales Co., Ltd., Sinofert Holdings Limited, and Ecovia Renewables Inc.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5525

Key questions answered in the report-

Which are the high-growth market segments based on type, application, sector, and geography?

What was the historical market for superabsorbent polymers market?

What are the market forecasts and estimates for the period 2023–2030?

What are the major drivers, restraints, opportunities, challenges, and trends in the superabsorbent polymers market?

Who are the major players, and what shares do they hold in the superabsorbent polymers market?

How is the competitive landscape in the superabsorbent polymers market?

What are the recent developments in the superabsorbent polymers market?

What are the different strategies adopted by the major players in the superabsorbent polymers market?

What are the key geographic trends, and which are the high-growth countries?

Who are the local emerging players in the global superabsorbent polymers market, and how do they compete with the other players?

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Lignin Products Market Outlook to 2031

The Insight Partners recently announced the release of the market research titled Lignin Products Market Outlook to 2031 | Share, Size, and Growth. The report is a stop solution for companies operating in the Lignin Products market. The report involves details on key segments, market players, precise market revenue statistics, and a roadmap that assists companies in advancing their offerings and preparing for the upcoming decade. Listing out the opportunities in the market, this report intends to prepare businesses for the market dynamics in an estimated period.

Is Investing in the Market Research Worth It?

Some businesses are just lucky to manage their performance without opting for market research, but these incidences are rare. Having information on longer sample sizes helps companies to eliminate bias and assumptions. As a result, entrepreneurs can make better decisions from the outset. Lignin Products Market report allows business to reduce their risks by offering a closer picture of consumer behavior, competition landscape, leading tactics, and risk management.

A trusted market researcher can guide you to not only avoid pitfalls but also help you devise production, marketing, and distribution tactics. With the right research methodologies, The Insight Partners is helping brands unlock revenue opportunities in the Lignin Products market.

If your business falls under any of these categories – Manufacturer, Supplier, Retailer, or Distributor, this syndicated Lignin Products market research has all that you need.

What are Key Offerings Under this Lignin Products Market Research?

Global Lignin Products market summary, current and future Lignin Products market size

Market Competition in Terms of Key Market Players, their Revenue, and their Share

Economic Impact on the Industry

Production, Revenue (value), Price Trend

Cost Investigation and Consumer Insights

Industrial Chain, Raw Material Sourcing Strategy, and Downstream Buyers

Production, Revenue (Value) by Geographical Segmentation

Marketing Strategy Comprehension, Distributors and Traders

Global Lignin Products Market Forecast

Study on Market Research Factors

Who are the Major Market Players in the Lignin Products Market?

Lignin Products market is all set to accommodate more companies and is foreseen to intensify market competition in coming years. Companies focus on consistent new launches and regional expansion can be outlined as dominant tactics. Lignin Products market giants have widespread reach which has favored them with a wide consumer base and subsequently increased their Lignin Products market share.

Report Attributes

Details

Segmental Coverage

Source

Cellulosic Ethanol

Kraft Pulping

Sulphite Pulping

Product Type

High-purity lignin

Kraft lignin

Ligno-sulphonates

Other Product Types

Application

Activated Carbon

Animal Feed

Carbon Fibers

Concrete Additives

Dispersants

Phenol and Derivatives

Plastics/Polymers

Resins

Vanillin

Other Applications

Regional and Country Coverage

North America (US, Canada, Mexico)

Europe (UK, Germany, France, Russia, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Rest of APAC)

South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)

Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Market Leaders and Key Company Profiles

Asian Lignin Manufacturing Pvt. Ltd.

Borregaard Lignotech

Changzhou Shanfeng Chemical Industry Co. Ltd.

Domsjo Fabriker Ab.

Domtar Corporation

Green Agrochem Pvt. Ltd.

Greenvalue Sa

Nippon Paper Industries Co. Ltd.

Rayonier Advanced Materials

Stora Enso Oyj

Other key companies 

What are Perks for Buyers?

The research will guide you in decisions and technology trends to adopt in the projected period.

Take effective Lignin Products market growth decisions and stay ahead of competitors

Improve product/services and marketing strategies.

Unlock suitable market entry tactics and ways to sustain in the market

Knowing market players can help you in planning future mergers and acquisitions

Visual representation of data by our team makes it easier to interpret and present the data further to investors, and your other stakeholders.

Do We Offer Customized Insights? Yes, We Do!

The The Insight Partners offer customized insights based on the client’s requirements. The following are some customizations our clients frequently ask for:

The Lignin Products market report can be customized based on specific regions/countries as per the intention of the business

The report production was facilitated as per the need and following the expected time frame

Insights and chapters tailored as per your requirements.

Depending on the preferences we may also accommodate changes in the current scope.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us: www.theinsightpartners.com